The available supply of fiat currencies rises and falls under the watchful eyes of national central banks, but the total supply of Bitcoin is fixed and immutable. There will only ever be 21 million Bitcoin. Presently, more than 19 million Bitcoins have already been mined, leaving under 2 million left to be created. The Bitcoin […]
Continue ReadingCategory Archives: Bitcoin
How to Mine Bitcoin
What is Bitcoin mining? Bitcoin mining explained Bitcoin mining is the process of creating valid blocks that add transaction records to Bitcoin’s public ledger, which is called a blockchain. It is a crucial component of the Bitcoin network as it solves the so-called “double-spend problem.” The double-spend problem refers to the issue of needing to […]
Continue Reading